Commodity Prices: Difference between revisions

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=Steel=
=Steel=
*$600/ton on the commodity market [https://tradingeconomics.com/commodity/steel]
*HRC is $600/ton on the commodity market [https://tradingeconomics.com/commodity/steel]
*Finished steel is $1/lb at end of 2022 - [https://www.angi.com/articles/how-much-does-steel-i-beam-cost.htm]


=Examples=
=Examples=

Latest revision as of 16:01, 10 January 2023

About

Definitions

  • Prime, excess, and secondary - [1]
  • HRC - hot rolled coil, comes up to 0.5" thickness [2]
  • ST - short ton, 2000 lb
  • Cold Rolled Steel - is obtained by cold working HRC coil. [3]

Steel

  • HRC is $600/ton on the commodity market [4]
  • Finished steel is $1/lb at end of 2022 - [5]

Examples

  • Aluminum $1/lb - [6]
  • Zinc - $1/lb [7]
  • Nickel - $9/lb [8]
  • Stainless - $1? [9]
  • Steel - 30 cents/lb - [10]
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